Pioneer to raise 2.5 bil. yen through rights issue to Honda

Pioneer to raise 2.5 bil. yen through rights issue to Honda

TOKYO, Japan - Pioneer Corp. President Susumu Kotani speaks at a news conference in Tokyo on April 28, saying his company will raise 2.5 billion yen (around $26 million) by issuing shares to Honda Motor Co. to secure funds to turn around its business amid a severe sales slump due to the global economic downturn.

  • Product Code
  • ILEA001133621
  • Registered date
  • 2009/4/28 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • 2009 Kyodo News
  • Media size
  • 1167 × 1889 pixel
  • Resolution
  • 240 dpi
  • Deployment size
  • 605.97(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos
    Panasonic returns to profit

    Panasonic returns to profit

    TOKYO, Japan - Hideaki Kawai, managing director of Panasonic Corp., releases the company's earnings results for the nine months through Dec. 31, 2013, at a press conference in Tokyo on Feb. 4, 2014. Panasonic said it posted a group net profit of 243.01 billion yen in the April-December period, a turnaround from a loss of 623.83 billion yen a year earlier.
      Panasonic returns to profit

      Panasonic returns to profit

      TOKYO, Japan - Hideaki Kawai (R), managing director of Panasonic Corp., answers a reporter's question after releasing the company's earnings results for the nine months through Dec. 31, 2013, at a press conference in Tokyo on Feb. 4, 2014. Panasonic said it posted a group net profit of 243.01 billion yen in the April-December period, a turnaround from a loss of 623.83 billion yen a year earlier.
        Panasonic returns to profit

        Panasonic returns to profit

        TOKYO, Japan - Hideaki Kawai, managing director of Panasonic Corp., answers a reporter's question after releasing the company's earnings results for the nine months through Dec. 31, 2013, at a press conference in Tokyo on Feb. 4, 2014. Panasonic said it posted a group net profit of 243.01 billion yen in the April-December period, a turnaround from a loss of 623.83 billion yen a year earlier.
          Toyota raises profit outlook

          Toyota raises profit outlook

          TOKYO, Japan - Takuo Sasaki, managing officer of Toyota Motor Corp., releases the company's latest earnings forecast at a press conference at the company's Tokyo head office on Feb. 4, 2014. Toyota revised upward its group operating profit projection for fiscal 2013 through March 2014 to a record 2.4 trillion yen from an earlier estimated 2.2 trillion yen, citing the yen's slide, robust sales in North America and cost-cutting measures.
            Sharp posts 1st profit in 3 years

            Sharp posts 1st profit in 3 years

            TOKYO, Japan - Kozo Takahashi, president of Sharp Corp., answers a reporter's question after releasing the company's earnings results for the nine months to Dec. 31, 2013, at a press conference in Tokyo on Feb. 4, 2014. Sharp reported a group net profit of 17.72 billion yen for the period, a turnaround from a year-earlier loss of 424.35 billion yen and its first black ink in three years.
              Panasonic returns to profit

              Panasonic returns to profit

              TOKYO, Japan - Hideaki Kawai, managing director of Panasonic Corp., answers a reporter's question after releasing the company's earnings results for the nine months through Dec. 31, 2013, at a press conference in Tokyo on Feb. 4, 2014. Panasonic said it posted a group net profit of 243.01 billion yen in the April-December period, a turnaround from a loss of 623.83 billion yen a year earlier.
                Toyota raises profit outlook

                Toyota raises profit outlook

                TOKYO, Japan - Takuo Sasaki, managing officer of Toyota Motor Corp., releases the company's latest earnings forecast at a press conference at the company's Tokyo head office on Feb. 4, 2014. Toyota revised upward its group operating profit projection for fiscal 2013 through March 2014 to a record 2.4 trillion yen from an earlier estimated 2.2 trillion yen, citing the yen's slide, robust sales in North America and cost-cutting measures.
                  Toyota raises profit outlook

                  Toyota raises profit outlook

                  TOKYO, Japan - Reporters swarm around Takuo Sasaki (L), managing officer of Toyota Motor Corp., after Sasaki released the company's latest earnings forecast at a press conference at the company's Tokyo head office on Feb. 4, 2014. Toyota revised upward its group operating profit projection for fiscal 2013 through March 2014 to a record 2.4 trillion yen from an earlier estimated 2.2 trillion yen, citing the yen's slide, robust sales in North America and cost-cutting measures.
                    Sharp posts 1st profit in 3 years

                    Sharp posts 1st profit in 3 years

                    TOKYO, Japan - Kozo Takahashi, president of Sharp Corp., answers a reporter's question after releasing the company's earnings results for the nine months to Dec. 31, 2013, at a press conference in Tokyo on Feb. 4, 2014. Sharp reported a group net profit of 17.72 billion yen for the period, a turnaround from a year-earlier loss of 424.35 billion yen and its first black ink in three years.
                      Renesas to receive up to 200 bil. yen bailout

                      Renesas to receive up to 200 bil. yen bailout

                      TOKYO, Japan - Yasushi Akao, president of Renesas Electronics Corp., speaks at a press conference in Tokyo on Dec. 10, 2012. Struggling Japanese chipmaker Renesas Electronics said the same day it will receive up to 200 billion yen in aid from a government-backed fund and private-sector firms to turn around its faltering business.